Overview
What is Sports Foundation Inc?
Sports Foundation Inc is a nonprofit organization that harnesses the power of sports to facilitate positive youth development. Their mission is to foster, develop, and motivate young individuals through sports-based activities. The foundation offers various programs, with the Oasas Program being one of them. By utilizing sports as a medium, Sports Foundation Inc aims to contribute to the overall growth and well-being of young people.
What are the reviews and ratings of this charity?
Charity Navigator Rating 71% - Two-Star out of Four Star Rating
Sports Foundation Inc has earned a Two-Star rating from Charity Navigator, indicating a moderate level of effectiveness and accountability. The organization demonstrates strengths in its governance, with a fully independent board and robust financial oversight, reflected in high scores for its program expense ratio and adherence to auditing practices.
However, there are notable weaknesses in financial transparency and governance policies. The foundation has not provided its tax form on its website and lacks essential policies such as a conflict of interest and whistleblower policy, which can raise concerns about its accountability and ethical standards. This gap in documentation may impact potential donors' trust and the foundation's overall transparency.
Overall, while Sports Foundation Inc shows commendable program effectiveness and financial management in certain areas, its missing policies and documentation detract from its overall score and may limit its appeal to potential supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sports Foundation Inc legitimate?
Sports Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sports Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $609,408
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What is the mission statement of Sports Foundation Inc?
The Sports Foundation Inc's mission is centered around fostering, developing, and encouraging positive youth development. They accomplish this by leveraging sports as a tool. The organization's primary goal is to create a conducive environment for young individuals' growth and development. One of the ways they achieve this is through their Oasas Program. The Sports Foundation Inc strives to make a significant impact on the lives of youth, harnessing the power of sports to foster positive change.
Who is the CEO of Sports Foundation Inc?
Akinsheye Dorsett is the Chair of Sports Foundation Inc.
What is the revenue of Sports Foundation Inc?
Sports Foundation Inc's revenue in 2022 was $1,010,496.
Who are the executives of Sports Foundation Inc and what are their salaries?
The average compensation at Sports Foundation Inc during 2022 was $40,627. There are 15 employees at Sports Foundation Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Sports Foundation Inc?
Sports Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sports Foundation Inc
The Sports Foundation Inc, with a focus on youth development, utilizes sports as a powerful tool. Their mission is centered around fostering, developing, and encouraging positive growth in young individuals. By leveraging the engaging nature of sports, the foundation aims to shape the lives of these youngsters, nurturing their personal and social skills. The foundation's programs, such as the Oasas Program, are designed to facilitate this mission, providing a platform for young people to learn, grow, and thrive.
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Impact
August, 2024
Sports Foundation Inc positively impacts the youth in Bronx, NY by fostering, developing, and encouraging positive youth development through sports. Their programs, such as the Oasas Program, provide valuable opportunities for young individuals to learn important life skills, teamwork, and discipline while engaging in sports activities. Through their mission of using sports as a vehicle for youth development, Sports Foundation Inc is making a significant difference in the lives of the youth in the community.
This information is meant to be a general summary of Sports Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,300
- Gross Receipts: $1,010,496
Assets and Liabilities:
- Total Assets: $198,889
- Total Liabilities: $165,797
- Net Assets: $33,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM
Revenue
$2,300
Organization Details
Founding Year
1994
Phone
(718) 665-9585Principal Officer
Akinsheye Dorsett
Main Address
871B WESTCHESTER AVE, BRONX, NY, 10459
NTEE Category
Code: P300 - Human services
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